Grand Valley State University’s director of supply chain management at the Siedman College of Business says the Federal Reserve needs to do more to prevent a lengthy recession. Dr. Brian Long is predicting a mild recession in 2023.
“What I’m hoping from the Fed is when they meet December 14, just a few days from now, that we will hear another announcement of a substantial increase in the interest rates.”
Long says raising interest rates is needed to help curb inflation.
